From champion to third place, Tesla’s decline has not stopped yet! Will BYD be overtaken again this time?

Tesla leads the world in technology and technology, and BYD has repeatedly won the championship in global new energy passenger vehicle sales. Overall, Tesla is better.

Tesla is a radical and innovative technology company whose ambition is to subvert traditional cars. BYD has won the global sales championship of new energy passenger cars with annual sales of 113,669 vehicles. BYD is a company that works steadily and pursues Market and profit traditional car manufacturers use their battery advantages to transform into electric vehicle companies.

Tesla is synonymous with technology and progress and has made great contributions to the progress and development of the times; BYD is a giant in new energy vehicles in China and a major manufacturer of new energy vehicles in the world.

Who is more powerful, Tesla or BYD, needs to be compared from multiple dimensions.

Profitability is stronger than BYD

Business is inseparable from profitability, and profitability is an important indicator for measuring a company. Tesla has now repaid all debt (loan + interest), and has also earned taxpayers US$20 million (approximately RMB 126 million) through this money. In 2016, BYD's new energy vehicle revenue exceeded 40 billion yuan. Excluding hybrid and non-electric vehicles, excluding government subsidies and costs, coupled with the weakening of government subsidies in 2017 and fierce competition in China's electric vehicle market, there will be a sharp decline. trend. It’s up to you to speculate on the actual profits, I don’t have specific data. But Tesla's $20 million should be reliable. Relatively speaking, American companies are more transparent, and Musk himself said that he earned $20 million (pure profit). The following is Musk's interview expression at the time.

Tesla is like a young man who sees mountains and seas; BYD is like an old man who lives in the present. Their profit model is inseparable from their national background. Almost all of Tesla's current profits are reinvested, and the money earned by BYD is responsible to investors. One pursues vision and future big markets, and the other pursues realization and current markets.

The technical team of Tesla is even better

Technical talents are the core competitiveness of a technology company:

Tesla has gathered world-class scientists and engineers , its founder Musk himself is an engineer, including Hawking, the cosmonaut behind it, and Muller, the retired technical chief from TRW. They are all astronauts. They sent a Tesla car into Mars orbit on February 7, 2018. There is no problem in building Tesla into an aerospace-quality electric car. Because Musk owns SpaceX, a space exploration company, he was the one who used his own Falcon rocket to send the Tesla Roadster to Mars orbit on February 7, 2018.

Although Hawking has no obvious relationship with the Tesla team, I found from news channels that Hawking and Musk maintain contact, which is equivalent to technical guidance. Many people may say that they have never seen it in the news. What is the relationship between Hawking and Tesla? But I discovered carefully that Hawking had a space dream and Musk also had a space dream. They coincided with each other. Musk's commercial space exploration company can help Hawking realize this dream. The government cannot achieve it. Both of them have stated in public that artificial intelligence poses a great threat to mankind, and they may also agree on ideas such as immigrating to Mars.

BYD has its own Automotive Engineering Research Institute. Last year, BYD introduced many foreign experts, such as the Audi design team and German chassis engineers. In terms of body, there are about 120 Japanese people who design and design the body. Development to lightweight, mold manufacturing development. Wolfgang Egger, the former Audi brand design director who recently joined BYD.

Electric vehicle batteries have their own merits, but Tesla is still better

Battery is one of the most important technologies for electric vehicles. Tesla currently uses the world's mainstream ternary lithium battery, with a range of 499km in the world. BYD currently uses lithium iron phosphate batteries, and BYD Qin's range is 305km.

Tesla currently builds its own Tesla charging piles, just like JD.com builds its own logistics. Musk owns Solarcity, a photovoltaic power generation solar city company.

BYD owns a major battery manufacturer and has acquired a certain patent on Samsung's ternary lithium battery technology. Using its own large-scale factory process to achieve mass production, BYD can significantly reduce production costs. Next, I searched for factory pictures on the Internet, and I happened to find this one. I didn’t mean to slander BYD.

The target user groups are different

Tesla mainly produces electric sports cars, trucks and other high-end markets

BYD mainly produces electric vehicles that ordinary people can afford , as well as electric buses serving public transportation. Their market differences are obvious. One is a sports car, marketed by the rich, and trucks are not affordable to ordinary people. They should be enterprise-class trucks, high-end Tesla; the other is a civilian market, popular BYD.